G7 catching up with emerging markets on business creation June 16, 2014 THE GAP between business creation in the G7 advanced economies and that in Brazil, Russia, India, China and South Africa (BRICS) narrowed in 2013, according to research released today. The net number of new firms in the G7 countries grew by 1.9 per cent last year, while there were 4.9 per cent more in BRICS [...]
City Moves for 08 April 2014 | Who’s switching jobs April 7, 2014 Barclays The bank has announced the appointment of Karl Trumper as head of trade and working capital for the UK. He joined in 2002, and was most recently head of sales for larger business. Towers Watson Tammy Richardson has been appointed UK head of insurance management consultancy at the professional services company. She joined in [...]
City Moves for 07 April 2014 | Who’s switching jobs April 7, 2014 Carmignac Gestion The asset management firm has appointed Keith Ney as sole portfolio manager of the European bond fund Carmignac Securite. He joined in 2006 from Fincapital, where he was a European equities analyst. Duff & Phelps The corporate finance advisory firm has appointed two managing directors to its global restructuring practice. Steve Billot joins [...]
City Moves for 28 March 2014 | Who’s switching jobs March 28, 2014 Canaccord Genuity Wealth Management The wealth management firm has announced the appointment of David Esfandi as chief executive for the UK. He was most recently at Ashcourt Rowan, where he was a senior leader in its asset management division. AllianceBernstein The investment management firm has appointed Mike Fullalove as product development manager for Europe, the [...]
Hester plots RSA rights issue to shore up capital February 23, 2014 RSA GROUP’S new chief executive Stephen Hester is set to launch a full blown rights issue this week, raising the stakes in his bid to strengthen the troubled insurer’s balance sheet. Hester, who took the reins of the FTSE 100 firm last month, is hoping to raise £1bn through a rights issue, the sale of [...]
City Moves for 24 February 2014 | Who’s switching jobs February 23, 2014 Northern Trust The asset management business has made two appointments. John Elder (right) joins as a senior investment adviser for multi-manager solutions. He has previously worked at Mellon Family Office Services and Ernst & Young. Jonathan Lidster joins as a senior wealth strategist. He was formerly chief operating officer at Global Partnership Family Offices. Barclays [...]
Any Other Business – 19/02 February 19, 2014 IT WAS flotation madness yesterday as we saw games whizz King, bargain retailer Poundland, and Danish business services firm ISS file for their IPOs. But there was a backstory to King and ISS’s flotations that raised a few smiles in the City. As we reported back in October, financial PR group Powerscourt lost its client King [...]
City Moves for 14 February 2014 | Who’s switching jobs February 13, 2014 Baker & McKenzie The law firm has announced the appointment of Hiroshi Sheraton as a partner in its intellectual property (IP) practice group, and global pharmaceutical and healthcare industry group. He was most recently at McDermott Will & Emery, where he was a partner and co-head of its IP practice. RICS The Royal Institution of Chartered Surveyors [...]
City Moves for 10 February 2014 | Who’s switching jobs February 9, 2014 Deloitte The professional services firm has appointed Rachel Crowley as go to market director in its real estate division. She joined Deloitte’s financial services practice in 2006 and became a director in 2013. Crowley previously held marketing roles at Accenture in Paris and London. Baker Tilly The law firm has hired Peter Vandervelde as head [...]
City Moves for 26 November 2013 | Who’s switching jobs November 25, 2013 FRP Advisory The specialist restructuring and recovery firm has appointed Michael Healy as a partner. He joins from Leonard Curtis, the rescue and recovery firm. Healy has 22 years’ experience in business advisory restructuring, and has held roles at Barclays, Levy Gee, and RSM Robson Rhodes. Capco The business and technology consultancy has appointed Jonathan [...]